▲ 238 ▼ The Company Behind Stable Diffusion Appears to Be Crumbling Into Chaos (futurism.com) submitted 3 years ago by floofloof@lemmy.ca to c/technology@lemmy.ml 30 comments fedilink hide all child comments
[–] AlmightySnoo@lemmy.world 71 points 3 years ago (3 children) Perhaps most salient is the suit filed last month by Stability AI cofounder Cyrus Hodes, who claimed the CEO convinced him to sell his 15 percent stake in the company for $100 after insisting that the company is "essentially worthless" oof permalink fedilink source hideshow 6 child comments replies: [–] Bonehead@kbin.social 92 points 3 years ago Always remember...if someone tells you something is worthless, but they still want it, it ain't worthless... permalink fedilink source parent [–] quicksand@lemm.ee 57 points 3 years ago (1 child) How bad did he need $100!? That is essentially worthless in the context of any company, even a small business. I would imagine "essentially worthless" in a company is much closer to 100k permalink fedilink source parent hideshow 2 child comments replies: [–] golli@lemm.ee 15 points 3 years ago* Yeah that seems really weird. $100 is so little money that you might as well hold onto it even if it were indeed worthless. That would only make sense if there was something external forcing the sale or some kind of liability that you could escape through selling. And I can't see either applying here permalink fedilink source parent [–] mojo@lemm.ee 4 points 3 years ago Persuasion level 100 permalink fedilink source parent
[–] Bonehead@kbin.social 92 points 3 years ago Always remember...if someone tells you something is worthless, but they still want it, it ain't worthless... permalink fedilink source parent
[–] quicksand@lemm.ee 57 points 3 years ago (1 child) How bad did he need $100!? That is essentially worthless in the context of any company, even a small business. I would imagine "essentially worthless" in a company is much closer to 100k permalink fedilink source parent hideshow 2 child comments replies: [–] golli@lemm.ee 15 points 3 years ago* Yeah that seems really weird. $100 is so little money that you might as well hold onto it even if it were indeed worthless. That would only make sense if there was something external forcing the sale or some kind of liability that you could escape through selling. And I can't see either applying here permalink fedilink source parent
[–] golli@lemm.ee 15 points 3 years ago* Yeah that seems really weird. $100 is so little money that you might as well hold onto it even if it were indeed worthless. That would only make sense if there was something external forcing the sale or some kind of liability that you could escape through selling. And I can't see either applying here permalink fedilink source parent